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Zoll Medical Acquires Healthcare Industry Accounts Receivable Software Provider Payor Logic
Friday 11 January 2019

11 January 2019 - US-based medical device and related software provider Zoll Medical Corp has recently acquired healthcare industry accounts receivable software solutions provider Payor Logic Inc., the company said.

Payor Logic solutions are used across the healthcare industry by EMS, emergency physicians, DME providers, hospitals, and laboratories.

Zoll has partnered with Payor Logic since 2015, delivering these billing-efficiency services to customers as part of Zoll's Billing Pro solution.

Zoll Medical Corp., an Asahi Kasei Group company, develops and markets medical devices and software solutions for emergency care.

It offers products for defibrillation and monitoring, circulation and CPR feedback, data management, fluid resuscitation, therapeutic temperature management, and ventilation.

The Asahi Kasei Group is a diversified group of companies led by holding company Asahi Kasei Corp., with operations in the chemicals and fibers, homes and construction materials, electronics, and health care business sectors.

Its health care operations include devices and systems for acute critical care, dialysis, therapeutic apheresis, transfusion, and manufacture of biotherapeutics, as well as pharmaceuticals, diagnostic reagents, and nutritional products.

With more than 30,000 employees around the world, the Asahi Kasei Group serves customers in more than 100 countries.
Date Published: 11/01/2019
Target: Payor Logic Inc
Country: USA
Sector: Healthcare
Type: Corporate acquisition
Status: Closed
Buyer: Zoll Medical Corp
Terms of the deal were not disclosed